ZAGREB, Oct 11 (Hina) - The European Investment Bank (EIB) will support a project for the reconstruction of 450 kilometres of Croatian state roads with a 60-million-euro loan. The reconstruction project is worth 122 million euros in
total. Representatives of the finance, foreign affairs, maritime affairs, transport and communications ministries and the Croatian Roads company on Thursday initialled an agreement on the loan with the European Investment Bank in Luxembourg. The loan of 60 million euro with a 5.1 percent annual interest rate, 20 years maturity and a five-year grace has been granted to the Croatian Roads company. The signing of the loan is expected at the end of the month, after the government accepts it. The reconstruction project includes 450 kilometres of state roads, mostly on Adriatic tourist routes.(hina) lml
ZAGREB, Oct 11 (Hina) - The European Investment Bank (EIB) will
support a project for the reconstruction of 450 kilometres of
Croatian state roads with a 60-million-euro loan.
The reconstruction project is worth 122 million euros in total.
Representatives of the finance, foreign affairs, maritime affairs,
transport and communications ministries and the Croatian Roads
company on Thursday initialled an agreement on the loan with the
European Investment Bank in Luxembourg.
The loan of 60 million euro with a 5.1 percent annual interest rate,
20 years maturity and a five-year grace has been granted to the
Croatian Roads company.
The signing of the loan is expected at the end of the month, after
the government accepts it.
The reconstruction project includes 450 kilometres of state roads,
mostly on Adriatic tourist routes.
(hina) lml